"Concession" means the perpetual, transferable right to operate a single node within the Titan Protocol distributed trading network, represented on-chain as a compressed non-fungible token (cNFT) on the Solana blockchain.
"Genesis Key" means the cNFT issued on the Solana blockchain that serves as the digital representation and cryptographic proof of the Concession granted hereunder.
"Holder" or "Operator" means any person or entity that holds a Genesis Key in a Solana wallet they control.
"Protocol" or "Titan Protocol" means the distributed trading infrastructure, including all software systems, machine learning models, execution engines, and associated services.
"Node" means a single licensed instance within the Titan Protocol network that the Holder is authorized to operate via their Genesis Key.
The Genesis Key represents a software license concession. It is not, and shall not be construed as:
The Holder receives rights to operate a node and access the trading infrastructure. The Holder does not receive ownership of, control over, or governance rights in the Protocol.
The total supply of Genesis Key concessions is permanently capped at ninety-nine (99). This limit is a design constraint of the network architecture and is verifiable on-chain. One additional internal node (Node #100) is reserved for Protocol operations. No additional concessions will be issued beyond the ninety-nine Genesis Keys.
A one-time payment of ninety-nine thousand United States dollars ($99,000 USD) equivalent in SOL, USDC, or USDT on the Solana blockchain.
Twenty percent (20%) of net profits generated by the Holder's node, calculated monthly using a high-water mark methodology. The performance fee is assessed only on net new profits above the previous high-water mark. If the node does not generate profit in a given period, no performance fee is charged.
The first eleven (11) Genesis Key concessions constitute the founding cohort. Founding cohort members shall pay zero percent (0%) performance fee for the first twelve (12) months from their Genesis Key activation date. After the founding period, the standard twenty percent (20%) performance fee applies. All concessions issued after the eleventh (11th) are subject to the standard performance fee from activation.
Five percent (5%) of the transaction value on secondary market transfers, payable by the seller.
No recurring subscription fees, platform fees, per-trade fees, renewal charges, or periodic payments apply beyond those specified above.
The Concession grants the Holder the following rights:
The Concession does not grant the Holder:
The Concession is perpetual. Once a Genesis Key is minted on the Solana blockchain, the concession rights persist for the lifetime of the Protocol. There is no expiration date, renewal requirement, or scheduled termination.
Revocation may occur only for cause, including but not limited to:
Revocation results in permanent loss of access. Revocation does not entitle the Holder to any refund.
Genesis Keys may be transferred to another Solana wallet. Secondary market transfers require:
Titan Protocol retains full authority over all operational decisions, including but not limited to:
Operational changes shall not alter the fundamental concession rights (node access, perpetual duration, supply cap) without Holder consent.
These Terms may be updated for operational, regulatory, or security reasons. Material changes will be communicated through the Holder's designated communication channel with thirty (30) days advance notice. The fundamental concession parameters (99 supply cap, perpetual duration, one-time payment model) are immutable and cannot be amended unilaterally.
The Protocol and all associated services are provided "AS IS" and "AS AVAILABLE" without warranty of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement. Titan Protocol does not warrant that the system will be uninterrupted, error-free, or that trading activities will be profitable.
To the maximum extent permitted by applicable law, Titan Protocol shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits, revenue, data, or use, arising out of or related to the Holder's use of the Genesis Key or the Protocol, regardless of the theory of liability.
Any dispute, claim, or controversy arising out of or relating to these Terms shall be resolved through binding arbitration administered in accordance with internationally recognized arbitration rules. The arbitration shall be conducted in English. The arbitral award shall be final and binding on all parties. Each party shall bear its own costs unless the arbitrator determines otherwise.
Nothing in this section shall prevent either party from seeking injunctive or equitable relief in a court of competent jurisdiction to prevent irreparable harm.
If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving its original intent.
These Terms, together with the End User License Agreement, Risk Disclosure Statement, Privacy Policy, and Refund Policy, constitute the entire agreement between the Holder and Titan Protocol regarding the Genesis Key concession.